Form 8-K · Current report
Air Products 8-K, filed Nov 5, 2026
- Filed
- CIK
- 0000002969
- Accession no.
- 0000002969-26-000043
Summary
Air Products reported fiscal 2026 full-year GAAP EPS of $2.39 and operating income of $23 million, with adjusted EPS up 12% to $13.45 and adjusted operating income up 11% to $3.2 billion. It guided fiscal 2027 adjusted EPS to $14.15–$14.50 and capital expenditures to $3.0–$3.5 billion, after cutting fiscal 2026 capital expenditures by $1.8 billion and expanding its backlog with more than $2.0 billion in new electronics wins.
Key points
- Air Products reported fiscal 2026 GAAP EPS of $2.39 and operating income of $23 million, compared with a prior-year loss per share of $1.74 and operating loss of $877 million; both periods included significant charges tied to project exits, primarily two China coal gasification plants, one of which was sold in October 2026.
- Fiscal 2026 adjusted EPS rose 12% to $13.45, and adjusted operating income rose 11% to $3.2 billion; fourth-quarter adjusted EPS was $3.61.
- Air Products guided fiscal 2027 adjusted EPS to $14.15–$14.50 and capital expenditures to $3.0–$3.5 billion.
- CEO Eduardo Menezes said the results reflect progress in improving the core industrial gas business, strengthening execution, and allocating capital with discipline, while the company reduced capital expenditures by $1.8 billion and expanded its backlog with over $2.0 billion of new electronics wins.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02. Results of Operations and Financial Condition. On 5 November 2026, Air Products and Chemicals, Inc. issued a press release announcing its earnings for the fourth quarter and full fiscal year 2026. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The information in Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise be subject to liability under that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as…
An excerpt of the text as filed with the SEC, cut for length.
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